Agreed.
But from your post I am guessing you are in Cali/MI. In CO the dispensary scene is f'd. We are not allowed to offload our product on them (they have to grow it or buy it from their competitors). So the competition is doing what you said...dumping crap.
It has created a bipolar situation. The big dogs (mostly from Cali) have done very well since they came here with big money and excellent grow skills. Many of the others are owned by biz men that could not produce a trich if their life depended on it even if they had all the seeds in Holland.
Now toss in recreational legalization. What a joke. Now we have dispensaries selling $35 grams and $100 eighths (with lines around the block!), while next door they sell $100 ounces (no customers). Price does not dictate quality at all any more.
All of my customers agree I have better product than even the best dispensaries (i.e. The Clinic with multiple CC awards and a seed bank) but the dispensaries did $5 million in a week, most sold out...I sold an ounce for about $200, have 2 more lbs I can't move...its harvest week
I'm thinking you'll move those 2#s real soon. A bit like real estate, or the stock market at the moment. Now that the retail supply is mostly gone, and the demand/appetite, has been awakened.
It will take a while to settle down, I'm thinking.